Internship: RBS LevFin vs. Jefferies & Co
Hey guys, I'm looking for some feedback as to which internship offer I should accept. I really like the people I have met at both The Royal Bank of Scotland and Jefferies, but its hard to know how to make a final decision. The RBS offer is in the Leveraged Finance Group while Jefferies uses a generalist program. Any thoughts?
Also, where's the best place to live as a summer analyst?
Thanks a lot
I would stick to Jefferies. They're pretty good in the MM space and have several really good groups. I liked the idea of their generalist program as well. Interviewed with them in the past, but went BB instead. They seem to have a relatively "fratty" culture and the younger bankers typically go out together after work. If you say you like the people, then I think it's your choice.
I'm not too familiar with RBS, although I don't think they get the same respect as Jefferies does here in the US. Not to mention, you'll be entering in LevFin and who knows what's going to happen with the credit markets.
WRT living as a summer analyst - search the forum and there's several posts about NYU housing. It's your best bet and is a great place to meet other SAs. Jefferies is in Midtown so the commute wouldn't be too bad at all.
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